Nonprofit News

Nonprofits Fear Impact of Trump Administration Plan to Cut Capital-Gains Tax

By August 8, 2018 No Comments

Chronicle of Philanthropy | Alex Daniels | August 2, 2018

A tax break tilted toward the wealthiest Americans that Treasury Secretary Steven Mnuchin pushed this week would dampen charitable giving, according to some nonprofit-policy experts, providing more unsettling news to charities already worried about the impact of last year’s tax overhaul.

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